A petition drive was launched today by Citizens for Responsible Spending, County Board members Brad Harding and Merle Widmer, and At-Large City Councilman Gary Sandberg. It’s an effort to allow Peoria County residents the opportunity to vote on whether or not to issue $41 million in general obligation bonds to construct the proposed Peoria Riverfront Museum.
Why? Because things have changed since April 2009 when the revenue to pay for the bonds was approved by the voters. Back then, we were promised they would issue revenue bonds, so as to limit the exposure of Peoria County taxpayers and protect our general sales tax receipts. Now they’re trying to issue general obligation bonds. Back then, they made it very clear there was going to be an IMAX Theater — the contract was just sitting on their desk waiting to be signed as soon as the referendum passed! Now they say IMAX isn’t compatible with their mission. Back then, the County assured us that they would insist that all the private financing be raised and in hand before construction would begin. Now they’re planning to start construction before the private money is raised, before vital grant money is awarded, before they own the land, before the bonds are issued, before the bond hearing is held, and even before Caterpillar has voted on the redevelopment agreement.
In short, the County has betrayed the trust of the Peoria County taxpayers. They’ve reneged on their promises. They’ve broken their word. Peoria County residents deserve better.
The last available option to residents is to gather signatures to put the museum funding on the ballot so we can vote on their real plan, not the bill of goods we were sold in the Spring of 2009.
For more information, or to get involved, please go to BlocktheBonds.com.